1758 N KINGSLEY DR$4,000,000Sold

1758 N. Kingsley, a significant value-add opportunity featuring a front duplex and a back structure comprised of 6 UNITS SUBJECT ONLY TO AB1482 (built-in 1987). Located 1/2 block South of Franklin Ave, the property is minutes from several neighborhood hubs (Vermont Ave, Hillhurst Ave and Thai Town) that offer an array of fast-casual eateries, shopping centers, grocery stores, restaurants and nightlife. 1758 N. Kingsley features (8) 2-Bdrm. and 2-Bath units (approx. 1,000 SF each) spread across a front duplex and back three-story structure. The back structure, featuring 6 units, was built in 1987 and are SUBJECT ONLY TO AB1482. The units present a significant value-add opportunity, as current rents are approx. 52% below market rates compared to renovated units in the area. Please note, there is 1 VACANT unit that has been upgraded with fresh paint, wood flooring, custom cabinets and quartz countertops. Property amenities include secured and gated entry, covered parking and a community laundry room.